I am using TTax Deluxe Windows.
I have several IRA's. One of them, call it A, was moved by my financial advisor to a different settlement company, call it B, during 2025. I took RMD from A and later from B during 2025.
The odd situation: B had no RMD required for 2025 because there was no B in 2024.
The error: TTax ignores the RMD I took from B during 2025, calculating a form 5329 penalty.
My Workaround: I said B had an RMD of $1, and A had an RMD $1 less than it really did.
This version generated NO penalty. I of course do not want to file it this way, but will have to if TTax is not fixed.
